This arbitration agreement is executed contemporaneously with, and as an Inducement and consideration for, an Installment or sales contract for the purchase of a manufactured home. It provides that all claims or disputes arising out of or relating in any way to the sale, purchase, or occupancy of manufactured home resolved by binding arbitration administered by the American Arbitration Association ("AAA") under its Commercial Arbitration Rules. This Agreement is an election to resolve claims, disputes, and controversies by arbitration rather than the judicial process. The parties waive any right to a court trial.
Arbitrate Definition For English In Broward
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Broward
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US-00416-1
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1. to act as arbiter upon (a disputed question) : to settle (a dispute between two people or groups) after hearing the arguments and opinions of both. Find the complete AAA's StepbyStep Guide to Arbitration Filing, covering all aspects of arbitration including ICSID and ICC, in English.To make an official decision that ends a legal disagreement between people or groups without the need for the disagreement to be solved in court. A judge is a neutral person who is responsible for ensuring that your case is resolved in a manner which is fair, equitable, and legal. At its essence, arbitration can be loosely defined as a consensual and binding process for dispute resolution before a neutral third party. What cases can be sent to non-binding arbitration? Any contested civil action filed in a circuit or county court may be referred to non-binding arbitration.